Tag Archives: Mozambique

TotalEnergies Pushes ahead with Mozambique LNG despite Risks

After a five-year hiatus, French supermajor TotalEnergies is formally relaunching on Thursday the $20-billion Mozambique LNG project at an event led by Mozambique’s President Daniel Francisco Chapo and attended by TotalEnergies CEO Patrick Pouyanné. At the end of last year, TotalEnergies lifted the four-year-long force majeure on the Mozambique LNG …

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Chinese Energy Major Inks Oil Deal with Mozambique

The China National Offshore Oil Co, or CNOOC, has signed an exploration and production deal for five oil and gas blocks in Mozambique, Reuters reported, citing a CNOOC statement. The five blocks are offshore the African country, in depths ranging between 500 meters and 2,500 meters, the Chinese state-owned company …

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